Exam (elaborations)
ASREB A-1 quiz Questions and Answers 2024
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Exam of 3 pages for the course ASREB at ASREB (ASREB A-1 quiz)
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ASREB A-1 quizThis service is least likely to be offered at a RE office: - answer Insurance
Ownership implies everything except: - answer Destruction
Of the following liens which has second priority?
1. Late property taxes since 2007
2. Mortgage recorded in 2004
3. IRS lien recorded in 2008 - answer Mortgage
You plan to build a high rise building over a railroad track you need to purchase: -
answer Air rights and land caissons for footings of the building
Real property can be divided into corporeal and incorporeal. A incorporeal right would
be: - answer Easements
Installing a special foundation for heavy machinery would be considered: - answer
Improvement to the property
This is an interest in real property: - answer Fences
An article may be changed from realty to personality by: - answer Detachment
These are always personal property: - answer Trade fixtures
Harvested crops would be considered: - answer Personal property
Shelving that is securely fastened in a leased retail store is considered: - answer Trade
fixture
The 2 classifications of water law in Arizona are: - answerGround and surface
Except during the time of an emergency, property cannot be confiscated through use of:
- answerPolice power
Police power is: - answerA limitation of use of property by the government
In the allodial system of land ownership this would not apply: - answerFreedom
Zoning laws are the utilization of: - answerA states police power
Churches are NOT considered: - answerCommercial property
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